$60K high is a guess on my part. He’s only had his degree maybe 4-5 years. It’s possible, possible that his income is as high as $70K. His income is just a guess on my part – I dont need to know. I only found out about the co-sign through my wife whose sister is my nephew’s mother.
FWIW, I know that my brother-in-law seemed worried – uncharacteristic of him – when we talked about my nephew’s purchase. Of course I didn’t know about the cosign at the time so I just passed it off. Now I understand, looking back on the conversation, about his concern.
I know my nephew and his wife are solid people and my nephew has always been of good character. We shall see what happens. Control what you can and accept what you cant – life has its own twists and turns.
